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Number 3 -- NPV AND OTHER INVESTMENT CRITERIA It is known that on Nami Island there are two great restaurants, namely Tteok and Pokki. It

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Number 3 -- NPV AND OTHER INVESTMENT CRITERIA It is known that on Nami Island there are two great restaurants, namely Tteok and Pokki. It is known that Tteok's cash flow in the first year was Rp. 120,000,000, second year Rp. 132,000,000, in the third year the cash flow is twice the first year Pokki, the fourth year Rp. 27,000,000 less than Pokki's third year cash flow and 20% greater than Pokki's fifth year cash flow. Meanwhile, Pokki's third year cash flow is Rp. 143,000,000 and Rp. 115,500,000 in its first year. In the second year Pokkiwas able to get a cash flow of 15% greater than Tteok's cash flow in the fourth year. In the fourth year Pokki was only able to get half of Tteok's cash flow in the fifth year. Then in the fifth year Pokki cash flow of Rp. 108,000,000. Thus, calculate the NPV and payback period of the two companies above. If it is known that the interest rate is 12%, the floatation cost is 4%, and the capital of each company is Rp. 755,000,000

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